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Pilika Group
In this Group: Octavina, Rukia, Consolata
OCTAVINA who is in her early 40s is married with three children who are still going to school. She has been running two projects, selling cold drinks and stationary selling. She has been in her projects since 2012. She works from 6.30am to 10pm daily and is able to make a fair monthly profit.

This will be OCTAVINA's 3rd loan from Tujijenge Tanzania. She used the previous loans to buy more drinks and increased on the stationary stock and has paid back all her loans successfully. She is doing great! She really appreciates Kiva for supporting their group. She used the profit to pay school fees and covered household expenses. She will use this loan to restock the missing items in the drinks stock and to increase on the stationary stock. She dreams of building her own house.

OCTAVINA will share this loan with her loan group "Pilika"" which has three members who will hold each other accountable for paying back the loan.

Additional Information

About Tujijenge Tanzania

This loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.

For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Tanzania

  • $1,900
    Average annual income
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,799,775
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Pilika Group's $1,425 loan helped a member to restock the missing items in the drinks stock and to increase on the stationary stock.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014